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2008 May 13   07:16

Oil price down to $122.91 in London and to $124.23 in New York

In London, the Brent Crude contract was down $2.49 on May 12 to $122.91 per barrel on the ICE Futures exchange. Light Sweet Crude fell $1.73 to $124.23 on the New York Mercantile Exchange, RBC reports.

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